In 2020, Argentina tried rent control:
🔴Rental prices soared by over 140%
🔴Rental availabilities dropped 45%
In 2023, President Milei repealed it:
🟢Rental prices went down by 40%
🟢Rental availabilities soared 212%
Mamdani voters in New York City are about to learn a valuable economics lesson
A New York City panel voted to freeze rents for nearly one million rent-stabilized apartments, fulfilling a promise of Mayor Zohran Mamdani. https://t.co/NiyTOPxBRz